Milford city, Nebraska Demographics & Population 2026
As of 2026, Milford city, Nebraska has a total population of 2,656, the 54th largest city in Nebraska, with a median household income of $80,997, which is 8% higher than the state average. The poverty rate is 8.0%.
Key Takeaways
- Near full employment with an unemployment rate of just 0.4%.
Milford city Quick Facts
How Milford city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Milford city Rankings in Nebraska
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Cities Similar to Milford city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dakota City city | 2,980 | $80,433 | $170,200 | 12.8% | 8.7% |
| Ashland city | 3,083 | $80,948 | $229,100 | 30.3% | 5.9% |
| Geneva city | 2,214 | $79,750 | $156,900 | 26.6% | 7.3% |
| Hickman city | 2,834 | $104,219 | $294,200 | 44.9% | 2.6% |
| Bennington city | 2,417 | $98,375 | $337,600 | 41.8% | 3.9% |
Population Overview
Milford city is a small community located in Nebraska. The total population is 2,656. It ranks as the 54th most populous out of 584 cities and towns in Nebraska.
Age Demographics
The median age in Milford city is 31.3 years. This is 16% lower than the state median of 37.1 years.
Economy, Income & Housing
The median household income in Milford city is $80,997. This is 8% higher than the state median of $74,985. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 8.0%. This is 22% lower than the state poverty rate of 10.3%. The unemployment rate is 0.4%. This is 88% lower than the state rate of 3.0%. The median home value is $225,200. Housing costs are about average than the state median of $223,800. With a home-value-to-income ratio of just 2.8x, Milford city is one of the most affordable housing markets in the area. 64.7% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 66.5%.
Race & Ethnicity
Milford city has a predominantly White (non-Hispanic) population, comprising 93.1% of all residents. Hispanic or Latino residents account for 2.3%. The Black or African American population (1.6%) is well below the state average of 4.6%. The Hispanic or Latino population (2.3%) is well below the state average of 12.3%. The Asian population (0.6%) is well below the state average of 2.5%.
Education
28.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%.
Data Sources & Methodology
All demographic data for Milford city, Nebraska is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Milford city, Nebraska?
Milford city, Nebraska has a population of 2,656 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Milford city, NE?
The median household income in Milford city is $80,997, which is 3% higher the national median of $78,538.
What is the poverty rate in Milford city, NE?
The poverty rate in Milford city is 8.0%. This means approximately 192 residents live below the federal poverty line.
What is the racial makeup of Milford city, Nebraska?
Milford city's population is 93.1% White, 1.6% Black, 2.3% Hispanic/Latino, and 0.6% Asian.
What is the median home value in Milford city, NE?
The median home value in Milford city is $225,200. The home-value-to-income ratio is 2.8x.
How educated is Milford city, Nebraska?
28.0% of adults (25+) in Milford city hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.